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Upside potential on Gold

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Emas Semerta / Dolar A.S. (OANDA:XAUUSD)  
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OANDA:XAUUSD   Emas Semerta / Dolar A.S.
Trend Analysis Support and Resistance Supply and Demand Gold XAUUSD xauusdlong xauusdbuy goldbuy goldbull goldbullish Bullish Patterns LONG
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trendanalysis supportandresistance supplyanddemand gold xauusd xauusdlong xauusdbuy goldbuy goldbull goldbullish bullish long
There's a few indications for us to be bullish on gold:

  • Price is supported on the daily level at 1455 range
  • The selloff on gold is slowing down
  • Specifically, we can see accumulation with every sell off, which is signalled by the bullish green bars
  • Once offers have been exhausted, we should see gold soar from a series of covers and new entries
Komen:
snapshot

Quick chart to show the daily support holding up.
Dagangan aktif:
Gold has rallied hard, currently still holding a long position:

snapshot
Dagangan ditutup: sasaran tercapai:
Gold continued to surge. Trade exited as price begins to stall. There is a fundamental driver of a gold shortage. Typically, price should soar when there is a "shortage" of anything. I could possibly be making a mistake for getting out where I did.

snapshot
Penafian

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